Offer Update

RNS Number:9325N
Networkers International PLC
14 December 2006



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM THE UNITED STATES OR CANADA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

                             Recommended Cash Offer
                                      for
                         MSB International plc ("MSB")
                                       by
                      Seymour Pierce Limited on behalf of
                  Networkers International plc ("Networkers")

Networkers has now received valid acceptances of the Offer in respect of more
than 90 per cent. of the MSB Shares to which the Offer relates.

Accordingly, Networkers issued notices yesterday under Schedule 2 to the
Takeovers Directive (Interim Implementation) Regulations 2006 to those MSB
Shareholders who have not already accepted the Offer, informing them that it now
intends to exercise its rights to acquire compulsorily all the MSB Shares
outstanding at the expiry of the requisite notice period.

In the meantime, the Offer remains open for acceptance.

This announcement should be read in conjunction with the Offer Document dated 16
October 2006. Terms used in this announcement shall have the meaning given to
them in the Offer Document.

Enquiries:

Seymour Pierce (Financial Adviser to Networkers)
Sraah Wharry [phone]

Bishopsgate Communications (PR Adviser to Networkers)
Maxine Barnes

Seymour Pierce Limited, which is authorised and regulated in the United Kingdom
by the Financial Services Authority is acting for Networkers in connection with
the Offer and no one else and will not be responsible to anyone other than
Networkers for providing the protections afforded to clients of Seymour Pierce
nor for providing advice in relation to the Offer or any matter referred to
herein.

This announcement is not intended to and does not constitute or form any part
of, an offer to sell or an invitation to purchase or the solicitation of an
offer to subscribe for any securities or the solicitation of any vote or
approval in any jurisdiction pursuant to the Offer or otherwise. The Offer has
been made solely through the Offer Document and the Form of Acceptance, which
together contain the full terms and conditions of the Offer, including details
of how to accept the Offer. Any acceptance or other response to the Offer should
be made only on the basis of the information contained in the Offer Document and
the Form of Acceptance.

The laws of the relevant jurisdictions may affect the availability of the Offer
to persons not resident in the United Kingdom. In particular, the Offer is not
being made, directly or indirectly, in the United States or Canada. Persons who
are not resident in the United Kingdom, or who are subject to the laws of any
jurisdiction other than the United Kingdom, should inform themselves about and
observe any applicable legal or regulatory requirements.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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